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NYSE:MDT

Medtronic (MDT) Stock Price, News & Analysis

Medtronic logo
$73.73 -1.84 (-2.44%)
Closing price 05/29/2026 03:59 PM Eastern
Extended Trading
$74.16 +0.43 (+0.58%)
As of 05/29/2026 07:59 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

About Medtronic Stock (NYSE:MDT)

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Key Stats

Today's Range
$73.67
$75.85
50-Day Range
$73.73
$88.65
52-Week Range
$73.67
$106.33
Volume
22.23 million shs
Average Volume
9.39 million shs
Market Capitalization
$94.66 billion
P/E Ratio
20.54
Dividend Yield
3.85%
Price Target
$106.45
Consensus Rating
Moderate Buy

Company Overview

Medtronic Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
98th Percentile Overall Score

MDT MarketRank™: 

Medtronic scored higher than 98% of companies evaluated by MarketBeat, and ranked 11th out of 870 stocks in the medical sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Medtronic has received a consensus rating of Moderate Buy. The company's average rating score is 2.58, and is based on no strong buy ratings, 15 buy ratings, 11 hold ratings, and no sell ratings.

  • Upside Potential

    Medtronic has a consensus price target of $106.45, representing about 44.4% upside from its current price of $73.73.

  • Amount of Analyst Coverage

    Medtronic has been the subject of 15 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Medtronic's stock forecast and price target.
  • Earnings Growth

    Earnings for Medtronic are expected to grow by 9.75% in the coming year, from $5.54 to $6.08 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Medtronic is 20.54, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 44.89.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Medtronic is 20.54, which means that it is trading at a less expensive P/E ratio than the Medical sector average P/E ratio of about 21.20.

  • Price to Earnings Growth Ratio

    Medtronic has a PEG Ratio of 1.80. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Medtronic has a P/B Ratio of 1.96. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Medtronic's valuation and earnings.
  • Percentage of Shares Shorted

    1.14% of the float of Medtronic has been sold short.
  • Short Interest Ratio / Days to Cover

    Medtronic has a short interest ratio ("days to cover") of 1.48, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Medtronic has recently increased by 0.28%, indicating that investor sentiment is decreasing.
  • Dividend Leadership

    Medtronic is a leading dividend payer. It pays a dividend yield of 3.76%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

    Medtronic has been increasing its dividend for 49 years.

  • Dividend Coverage

    The dividend payout ratio of Medtronic is 79.11%. Payout ratios above 75% are not desirable because they may not be sustainable.

  • Dividend Sustainability

    Based on earnings estimates, Medtronic will have a dividend payout ratio of 46.71% next year. This indicates that Medtronic will be able to sustain or increase its dividend.

  • Read more about Medtronic's dividend.
  • News Sentiment

    Medtronic has a news sentiment score of 0.73. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Medical companies.
  • News Coverage This Week

    MarketBeat has tracked 19 news articles for Medtronic this week, compared to 11 articles on an average week.
  • Search Interest

    96 people have searched for MDT on MarketBeat in the last 30 days. This is an increase of 28% compared to the previous 30 days.
  • MarketBeat Follows

    38 people have added Medtronic to their MarketBeat watchlist in the last 30 days. This is an increase of 124% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Medtronic insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    0.26% of the stock of Medtronic is held by insiders.

  • Percentage Held by Institutions

    82.06% of the stock of Medtronic is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Medtronic's insider trading history.
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MDT Stock News Headlines

Medtronic: Cheap And Acquisitive
PODD Stock: What a Hold Rating Says at a $163 Target
Read this warning immediately
Porter Stansberry, founder of one of the world's largest financial research firms, says he's breaking the biggest story of his 26-year career. A famous historian whose books have sold over 45 million copies in 65 languages is warning of a structural shift so large it has only one historical parallel - 1776. One Stanford economist calls it 'the biggest change ever - bigger than electricity, bigger than the steam engine.' Stansberry outlines the stocks to buy, the stocks to sell, and three money moves to position yourself on the right side of this shift.tc pixel
NPCE Explains How NeuroPace's RNS System Makes Money
A Dexcom continuous glucose monitor worn on an arm displays a reading of 108 mg/dL on a paired smartphone app.
3 Reasons Analysts Love DexCom (MDT)
Continuous glucose monitoring devices are vital to those with type 2 diabetes, and DexCom is cementing its position as a leader in this growing market.
See More Headlines

MDT Stock Analysis - Frequently Asked Questions

Medtronic's stock was trading at $96.13 on January 1st, 2026. Since then, MDT shares have decreased by 23.3% and is now trading at $73.7290.

Medtronic PLC (NYSE:MDT) released its quarterly earnings data on Tuesday, February, 17th. The medical technology company reported $1.36 EPS for the quarter, beating the consensus estimate of $1.34 by $0.02. Medtronic's revenue was up 5.8% compared to the same quarter last year.
Read the conference call transcript
.

Top institutional investors of Medtronic include Bank of America Corp DE (2.03%), Bank of New York Mellon Corp (1.21%), WCM Investment Management LLC (0.88%) and Dimensional Fund Advisors LP (0.59%). Insiders that own company stock include Geoffrey Martha, Sean Salmon, Gregory L Smith, Hoedt Rob Ten, Brett A Wall, Harry Skip Kiil, Michael Marinaro and William R Jellison.
View institutional ownership trends
.

Shares of MDT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Medtronic investors own include JPMorgan Nasdaq Equity Premium Income ETF (JEPQ), Symbotic (SYM), Meta Platforms (META), NVIDIA (NVDA), Chevron (CVX), Verizon Communications (VZ) and Broadcom (AVGO).

Company Calendar

Last Earnings
2/17/2026
Record date for 4/17 Dividend
3/27/2026
Ex-Dividend for 4/17 Dividend
3/27/2026
Dividend Payable
4/17/2026
Today
5/30/2026
Next Earnings (Estimated)
6/03/2026
Fiscal Year End
4/30/2027

Industry, Sector and Symbol

Stock Exchange
NYSE
Sector
Medical
Industry
MED PRODUCTS
Sub-Industry
Health Care Equipment
Current Symbol
NYSE:MDT
CIK
1613103
Employees
95,000
Year Founded
1949

Price Target and Rating

High Price Target
$120.00
Low Price Target
$84.00
Potential Upside/Downside
+44.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.58
Research Coverage
26 Analysts

Profitability

EPS (Trailing Twelve Months)
$3.59
Trailing P/E Ratio
20.54
Forward P/E Ratio
13.31
P/E Growth
1.8
Net Income
$4.66 billion
Net Margins
13.00%
Pretax Margin
15.68%
Return on Equity
14.82%
Return on Assets
7.88%

Debt

Debt-to-Equity Ratio
0.57
Current Ratio
2.54
Quick Ratio
1.87

Sales & Book Value

Annual Sales
$33.54 billion
Price / Sales
2.82
Cash Flow
$7.56 per share
Price / Cash Flow
9.75
Book Value
$37.62 per share
Price / Book
1.96

Miscellaneous

Outstanding Shares
1,283,890,000
Free Float
1,280,547,000
Market Cap
$94.66 billion
Optionable
Optionable
Beta
0.62

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This page (NYSE:MDT) was last updated on 5/30/2026 by MarketBeat.com Staff.
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